Gold prices in Pakistan have experienced another decrease, continuing a trend that reflects the fluctuations in the international market. As of Monday, the price of 24-karat gold per tola in Pakistan dropped by Rs300, settling at an all-time high of Rs289,100, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). This slight dip reflects a broader shift in the global gold market, where prices have also seen a decrease.

The 10-gram price of 24-karat gold also saw a reduction of Rs257, now standing at Rs247,856. This continued decline comes amid global market trends, where the price of gold in the international market decreased by $3 per ounce, reaching $2,767, with an additional premium of $20. This global drop is reflective of various economic factors that impact gold prices worldwide.

In addition to gold, silver prices have also been affected by these market shifts. In Pakistan’s local market, the price of silver dropped by Rs14, reaching Rs3,395 per tola.

This continuing decline in gold prices presents an opportunity for those looking to invest in precious metals, whether as a safeguard against inflation or as a luxury item for special occasions. It’s essential to keep an eye on both local and international market trends to make the most informed decisions when it comes to purchasing gold and silver.